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OpenAI may not be able to IPO in 2026 (pivot-to-ai.com)

submitted 3 months ago by dgerard@awful.systems to c/techtakes@awful.systems

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But your pension fund will pay if it does

https://www.youtube.com/watch?v=ZAZRZcVM14E&list=UU9rJrMVgcXTfa8xuMnbhAEA - video
https://pivottoai.libsyn.com/20260508-openai-may-not-be-able-to-ipo-in-2026 - podcast

time: 6 min 18 sec

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[–] Soyweiser@awful.systems 26 points 3 months ago (2 children)

Cant IPO, cant AGI, cant ROI, poor openAI just the worst luck.

[–] eleijeep@piefed.social 15 points 3 months ago

They should try GTFO

[–] Flyberius@hexbear.net 4 points 3 months ago (1 children)

I dunno, look at Teslas sick value, it had no basis in reality. It could easily become a meme stock. Our financial system is ridiculous

[–] Soyweiser@awful.systems 6 points 3 months ago (1 children)

Sure, but they got to IPO for that.

[–] Flyberius@hexbear.net 3 points 3 months ago (1 children)

I think you underestimate the system's ability to nurture grifts.

[–] hitmyspot@aussie.zone 2 points 3 months ago

Especually when for an early investor, IPO is passing the bag for something like AI. If they had a profitabke priduct, there is no need to do an IPO. IPOs are a way toncash out, for these tech comoanies, not a way to raise funds.